Newcastle University Business School

Internship - NISM

NISM Internship

Particularly suitable for Stage 2 undergraduates studying Economics or Accounting & Finance

Who?

National Institute of Securities Markets (NISM) is a public trust established in 2006 by the Securities and Exchange Board of India (SEBI), the regulator of the securities markets in India. NISM carries out a wide range of capacity building activities at various levels aimed at enhancing the quality standards of the securities markets. The institute’s six schools of excellence and the National Centre for Financial Education work in synergy towards professionalised securities markets. Its vision is to lead, catalyse and deliver educational initiatives to enhance the quality of the securities market and its mission is to engage in capacity building among the stakeholders in the securities markets through financial literacy, professional education, enhancing governance standards and fostering policy research.

Where?

You will be based at NISM's brand new state of the art campus, located at Patalganga, less than 100km from Mumbai. You will work from and stay on the campus.

When?

The NISM internship will commence in late June/early July and will last for six weeks.

Exact timings will be revealed in due course.

What?

You will undertake a research project on financial literacy and inclusion, working in a team with students from Groningen Universities.

Your team will work under the guidance of a supervisor from NISM, gaining an insight into India's diverse culture and fast-paced business environment.

Although your actual project title will not be decided until nearer the time, last year's student research topics included;

  • analysis into stock market participation and financial literacy rates
  • investigation into traditional accounting-based models can accurately predict insolvency in the Indian economy
  • investigation into the effect on demonetisation of the Indian Rupee on stock prices 

Why?

This is the perfect introduction to a career in finance in the world’s fastest growing economy. Undertake extensive research which could form the basis of your final year dissertation and work in a truly global team.

How many places are available?

3-4 places for Newcastle University Business School students

3-4 places for Groningen University FEB students

What are the costs?

Flights: Approximately £500-£600 return
Accommodation & meals: Provided by NISM (TBC) 

What did past NISM interns say?

“Living and working here for six weeks has been a completely unique and enriching experience, both in terms of my cultural awareness, but also my economic understanding. I strongly believe that this will be an asset to me when I graduate and start my career in development economics.”

Additional Information

Last year’s interns got an insight into NISM’s very own trading simulator lab, a system which is directly linked to the Bombay Stock Exchange in real time, where they developed their trading techniques. NISM also typically organise field trips for interns, and invite them to seminars and conferences- last year’s interns even heard from the CEO of the Bombay Stock Exchange!

NISM’s website